Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.012%
Price spread now: Binance against Lighter RH+0.059%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.059%, 7d avg +0.110%
=Together, before fees+0.114%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.051% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.110%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH CRWV | 84.710 | 0.0032 | pay 0.0004% / 1h | 4m 18s | $408K | $373K | 10x |
| Short | Binance CRWVUSDT | 84.760 | 0 | get 0.0000% / 8h | 3h 04m | $9.3M | $17.6M | 25x |
Lighter RH CRWV
Binance CRWVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter RH. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.72
- Price spread: +0.059% → +0.110%
- −$5.07
- Slippage, 4 orders
- −$16.03
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.81
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 48 min ago; Binance: live order book, 6 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 48 min ago | 3.50 bp | 4.3 bp −$4 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.18 bp | 8.7 bp −$9 | 27.8 bp −$278 | 87.5 bp −$8,750 | doesn't fit |
CRWV on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRWVUSDT | −0.0298% | 8h | 84.770 | +0.071% | $1.8M | $1.9M | 20x | as long as short |
| Gate CRWV_USDT | −0.0087% | 8h | 84.770 | +0.071% | $5.4M | $3.8M | 50x | as long as short |
| Aster CRWVUSDT | 0.0000% | 8h | 84.885 | +0.206% | $37K | $33K | 20x | as long as short |
| Extended CRWV-USD | 0.0000% | 1h | 84.738 | +0.033% | $15K | $240K | 10x | as long as short |
| Binance CRWVUSDTshort | 0.0000% | 8h | 84.760 | +0.059% | $9.3M | $17.6M | 25x | |
| OKX CRWV-USDT-SWAP | 0.0000% | 8h | 84.720 | +0.012% | $2.4M | $5.1M | 25x | as long as short |
| Variational Omni CRWV | 0.0000% | 8h | 84.745 | +0.042% | $305K | $303K | — | as long as short |
| GRVT CRWV_USDT_Perp | 0.0000% | 8h | 84.648 | −0.073% | $2K | $192K | 10x | as long as short |
| SunX CRWV-USDT | 0.0000% | 8h | 84.640 | −0.083% | $1K | $4.4M | 10x | as long as short |
| HTX CRWV-USDT | 0.0000% | 8h | 84.670 | −0.047% | $138K | $2K | 20x | as long as short |
Bitget CRWVUSDT
Gate CRWV_USDT
Aster CRWVUSDT
Extended CRWV-USD
OKX CRWV-USDT-SWAP
Variational Omni CRWV
GRVT CRWV_USDT_Perp
SunX CRWV-USDT
HTX CRWV-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CRWV-USDT | +0.0023% | 8h | 84.670 | −0.047% | $158K | $67K | 20x | as long as short |
| QFEX CRWV-USD | +0.0025% | 1h | 84.690 | −0.024% | $1.3M | $2.5M | 10x | as long as short |
| Lighter CRWV | +0.0032% | 1h | 84.700 | −0.012% | $96K | $37K | 10x | as long as short |
| Lighter RH CRWVlong | +0.0032% | 1h | 84.710 | long leg | $408K | $373K | 10x | |
| Arcus CRWV-USD | +0.0040% | 1h | 84.620 | −0.106% | $63K | $79K | 10x | as long as short |
| Vest CRWV-USD-PERP | +0.0046% | 1h | 84.670 | −0.047% | — | $176K | 10x | as long as short |
| tradeXYZ xyz:CRWV | +0.0050% | 1h | 84.693 | −0.020% | $9.2M | $8.1M | 10x | as long as short |
| Polymarket Perps CRWV-USD | +0.0050% | 1h | 84.695 | −0.018% | $80K | $306K | 10x | as long as short |
| Ondo Perps CRWV-USD.P | +0.0050% | 1h | 84.530 | −0.212% | $310K | $159K | 10x | as long as short |
| Bybit CRWVUSDT | +0.0087% | 8h | 84.730 | +0.024% | $2.1M | $1.1M | 25x | as long as short |
| Phoenix CRWV | +0.0093% | 1h | 84.610 | −0.118% | $1K | $45K | 10x | as long as short |
| KuCoin CRWVUSDTM | +0.0100% | 8h | 84.700 | −0.012% | $357K | $528K | 20x | as long as short |
| edgeX CRWVUSDC | +0.0753% | 4h | 84.515 | −0.230% | $87K | $203K | 10x | as long as short |
BloFin CRWV-USDT
QFEX CRWV-USD
Lighter CRWV
Arcus CRWV-USD
Vest CRWV-USD-PERP
tradeXYZ xyz:CRWV
Polymarket Perps CRWV-USD
Ondo Perps CRWV-USD.P
Bybit CRWVUSDT
Phoenix CRWV
KuCoin CRWVUSDTM
edgeX CRWVUSDC